U.S.-Iran have agreed on immediate reopening of Strait of Hormuz, says Trump
After over three months of hostilities, President Donald Trump on Sunday announced that the U.S. and Iran have reached a deal for the reopening of the Straits of Hormuz.
“The Deal with the Islamic Republic of Iran is now complete. Congratulations to all!,” Mr Trump announced in a statement on Truth Social.
Though Mr Trump did not disclose details of the agreement, the American president stated, “I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!”
Since U.S-Israeli forces launched Operation Epic Fury on Iran, killing the Islamic Republic Supreme Leader Ayatollah Ali Khamenei on February 28, crisis has erupted, causing a massive disruption in global oil market.
With Iran blocking the Strait of Hormuz, the narrow ocean passageway connecting the Persian Gulf to the open ocean through which about 20 per cent of world’s oil and gas is ferried, oil and gas prices have soared globally.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Africa
Guterres demands Africa’s minerals create jobs, backs permanent UN seats
António Guterres has demanded an end to the plundering of Africa’s mineral resources, insisting the continent’s wealth must create jobs and prosperity for Africans.
Economy
Nigeria push for end of exploitation of Africa’s mineral resources at UNGA81
President Bola Tinubu has called for a fresh continental push to end the exploitation of Africa’s critical mineral resources.
Heading 4
Lawyer Ikeni Mbako-Allison suspended after being found guilty of harassing woman in UK
“Ikeni Mbako-Allison, a barrister, behaved in a way which is likely to diminish the trust and confidence which the public would place in him or in the profession,” the BSB said.
Abuja
Dangote Refinery: Abuja motorists, commuters decry delay in petrol price cuts
Motorists and commuters across Abuja have decried petrol stations’ failure to reduce petrol prices following the Dangote Refinery’s latest N25 per litre cut.
Anti-Corruption
Crown Medical Solutions, owners reach agreement with U.S. govt over fraudulent billing scheme
Crown and its owners, Michelle and Philanzo King, have agreed to pay $825,000 to resolve allegations of submitting false claims to Medicare for payment.
World
UK govt charges Vincent ‘Bajinya’ Brown with crimes linked to Rwandan genocide
The UK police, in a statement on Monday, said Mr Brown was the first to be charged in the UK over a link to the 1994 genocide against the Tutsi in Rwanda.
